US company World Fuel Services, a member of the World Kinect group, has published a new white paper, in partnership with speciality chemicals company Infineum, which explores how additives in marine fuel can offer benefits to ship owners and operators, including...
Emvolon, a US spin-off company from Massachusetts Institute of Technology that converts GHG emissions into carbon-negative fuels and chemicals, has announced an agreement with Montauk Renewables, a renewable energy company specialising in the management, recovery and...
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The UK Chamber of Shipping has outlined a roadmap for the UK shipping industry to reach net zero by 2050, with a proposed £700m investment in the upcoming budget to help make the UK a hub for clean shipping. Key to this plan is cooperation between the industry and...
The Maritime and Port Authority of Singapore (MPA) and the People’s Republic of China’s Shandong Provincial Transport Department have signed a memorandum of understanding (MoU) to establish the Singapore – Shandong Green and Digital Shipping Corridor (GDSC). The...
Kongsberg Maritime will supply a comprehensive range of integrated technologies to optimise energy use and reduce emissions for three new 3600 TEU LNG-powered container ships being built at Philly Shipyard for Matson Navigation Company. These are the largest Jones Act...
Wärtsilä is to supply the engines for a new Canadian Coast Guard Polar Icebreaker, which is being designed and built at Seaspan Vancouver Shipyards and will be the flagship of the Canadian Coast Guard’s icebreaking fleet. Because of the long operational range required...
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The CMA CGM Group has taken delivery of the ‘CMA CGM Mermaid’, the first in a series of 10 new 2,000 TEU container feeder ships powered by LNG, which will be progressively deployed in the Mediterranean and Northern Europe. These new vessels, with an original design...
Tanker shipping company Stena Bulk is expanding its eco-friendly fleet with new long-term charter agreements for four newbuild eco Medium Range (MR) tankers. Two of the vessels, Stena Continent and Stena Conquest, will be delivered from Hyundai Mipo by the end of...
Classification Society ClassNK has granted its Class C Innovation Endorsement Provider Certification to Yusen Logistics Co of Japan. ClassNK offers its third-party Innovation Endorsement 'Provider Certification', which supports innovative initiatives, to companies and...
Bureau Veritas (BV) has announced that it will class two hybrid double hull, double end ferries, which will be equipped with battery and solar power technology for operation in Hong Kong. Designed by Dutch naval architect design and development company CoCo...
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Dry bulk operator Oldendorff Carriers has signed a deal with digital solutions company Alpha Ori Technologies (AOT), under which it will invest in AOT and provide an Oldendorff Carriers’ representative to sit on the AOT board. According to AOT, its digital solutions...
A report produced by Marine Capital with the support of UMAS and Lloyd’s Register (LR), estimates that approximately £75bn of investment over the coming three decades will be required for the UK’s domestic maritime sector to transition to net zero. Attracting new...
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